2, GORSE WAY, SPALDING, PE11 1GR - £372,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GORSE WAY is a very large detached house of 283m², built sometime between 1996 and 2002, which could now be worth an estimated £616,773. It was last sold for £372,000 in February 2014, which was around 114% above the average February 2014 detached price in the South Holland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

2 GORSE WAY Sold Prices

Land registry data shows three sales for 2 GORSE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 2 GORSE WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 28 FEB	£372,000	£173,709	114% above HPI
2009 30 MAR	£380,000	£158,799	139% above HPI
2000 30 JUN	£249,995	£82,001	205% above HPI

2 GORSE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 2 GORSE WAY sales between June 2000 and February 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2009 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the February 2014 sale, where it falls to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might 2 GORSE WAY be worth now?

2 GORSE WAY might now be worth an estimated £616,773.

This is based on house price inflation of 65.8%, between February 2014 and May 2026, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.8% inflationary increase is applied to the most recent sale price for 2 GORSE WAY of £372,000 on 28th February 2014. For the value to have increased from £372,000 to £616,773 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 GORSE WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2014 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GORSE WAY has not materially changed since February 2014.

How Large is 2 GORSE WAY?

2 GORSE WAY is 283m² according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 2 GORSE WAY lies on this distribution: 99% of detached houses houses are smaller than 2 GORSE WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 GORSE WAY: Plot and Title Map

2 GORSE WAY sits on a plot of roughly 0.255 of an acre, or 1,032m². The below map shows the location of 2 GORSE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 GORSE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 GORSE WAY?

2 GORSE WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2 on GORSE WAY.